Trey Goodwin
Lubbock, TX General Contractors and PM
Lubbock investors - I wanted to see if there were any investors out there with recommendations for a good, investor friendly general contractor and property manager?
I have secured financing through a local bank and...
Justin Peters
What happens when the property Sq. Ft. is lower than it really is
In the tax records, it says that the house is 2100 square foot when in fact it is 3300 sq. ft. (we have measured it 3 times now).What are the steps to take as a homeowner or as a buyer when you find this out? I know i...
Jack B.
2/5 year rule for primary converted to rental
As I understand it, if you live in the house for 2 years out of the last five before you sold, you get to avoid capital gains tax, so long as you bought as a primary residence, but the IRS doesn't care if it's the fir...
Jason Malabute
WHY I WALKED AWAY FROM A 40 UNIT DEAL
Last week I was in contact with an owner of a 40 unit apartment building in Independence, Missouri. The property was under a HAP program. To be honest, I was not familiar with the HAP program. All I knew is that the H...
Dan Vleck
lease modification on day 3
Tenant said on 3rd day after signing lease that we have to modify it because her handicapped dad wants to move in. It's a 4/2. I approved them knowing 5 people would occupy, 2 adults and 3 kids. Can I request addition...
Michael Craig
Is $500,000.00 in Personal Liability Addequate for Owner Occ MFR?
As you know, we live in a society where you get sued for looking at somebody the wrong way. As I am shopping for insurance, I can't help but ask myself, "what is adequate coverage for my owner occupied, 3 family home?...
Kevin D.
Charity to Rent Property
Hello all, I showed a SFH that I have to two women from a charity who does work with handicapped and mentally challenged people. The charity provides housing and pays utilities for these people, so that they don't en...
Kenneth Wong
Lease to Own - 7 yrs
Hello fellow BP community.Sorry this is long, but I need some feedback.This involves a single family 3Br, 1Ba Connecticut Colonial short sale (4 lots; total .66 acres). It reflects committing the cardinal sin of crea...
Jared Schweiss
Adding Patio to Fourplex
Hi all - I am house hacking a Fourplex with a good sized backyard. All the tenants have been very good so far, and one recently asked me if they could set up a few patio chairs in the backyard. I said yes already and ...
Thornton Drury
House Hacking Insurance
Hey everyone.I'm in the middle of a house-hacking purchase and I'm stumped on the Insurance question.Do I insure the whole house with a homeowners policy? Do I make tenants have renters insurance? Does everyone having...